2020 Ford Explorer Loss in Value Case Study (PDF)
It was the Ford Explorer that led to an increase in SUV sales in the early 1990s, and the 2020 model offers a wealth of useful features and popular content. The 2020 Ford Explorer represents a complete rethink of a three-row family SUV, now entering its sixth generation. As opposed to early Explorers that were built on truck frames and driven primarily by the rear wheels, the outgoing Explorer employs front-wheel drive and has a car-like unibody.
Although the new 2020 Ford Explorer offers much better rides, handles, and accommodations than the model it replaces, it doesn’t score a grand slam. It is also dynamically superior to its crossover competitors. The hybrid offers unexpected benefits that extend beyond fuel economy, too. But the interior materials don’t quite match the price. Overall, the Explorer is an excellent choice.
It is estimated that the 2.3-liter EcoBoost engine in the Base, XLT, and Limited models returns slightly better fuel economy than its closest competition. Rear-wheel-drive models are EPA-rated at 24 mpg combined, while all-wheel-drive models are rated at 23 mpg combined. Depending on what you compare it to, it usually gets one or two extra miles per gallon.
Every Explorer comes with an 8-inch touchscreen, the Sync 3 infotainment system, and support for Apple CarPlay and Android Auto. There is a built-in navigation system and an excellent Bang & Olufsen premium audio system. Avoid the 10.1-inch vertical touchscreen, as its slimmer profile interferes with Apple CarPlay, Android Auto, and the rearview camera display.
Was Your 2020 Ford Explorer in an Accident?
You were on a regular day and had a car accident. Did you know that a wrecked and repaired car can lose $7,060 or more in value?
| Diminished Value Calculator | |
| Before Accident Cash Value | $35,300 |
| After Accident Cash Value | $28,240 |
| Diminished Value | $7,060 |
Regardless of fault, you’re entitled to the reduction in value! Wondering how much your car lost due to a collision? We can help you! We are licensed auto appraiser specializing in Diminished Value, Total Loss, Actual Cash Value, Classic Cars, and Insurance Claim Settlements. Get a FREE Claim Review or call now at (678) 404-0455 and receive the compensation you deserve.
